Can't we just leave Glenn Neasham alone?

By Joe Simonds

Advisor Internet Marketing


We have an extremely important message to get out to the public, and the last thing we need to do is spend our time tearing down or belittling one of our own fallen soldiers.

I am pretty certain that everyone in the industry has now heard the tragic story about Glenn Neasham getting a jail sentence from selling a California approved Allianz annuity to an 83-year-old. I am also pretty certain that most of us agree that Glenn being found guilty of theft was a bit outrageous, regardless of what you may think of Glenn personally.

When you throw in the fact that Mr. Neasham did not have a penny of this client’s money, it is tough to imagine how any jury could come to those conclusions. But at the end of the day, it happened. We can debate it until we are blue in the face, and it will not change the past.

So my question to our industry is, why can’t we give Glenn our support, learn from this debacle, and move on?

The weekly barrage of Glenn Neasham guilt analysis, overview, and deciphering is beginning to make us look like a bunch of news reporters thriving on negative gossip.

I would wager that Glenn Neasham and his entire family would much rather our time, writing and energy go into giving them support, rather than writing articles with our best guesses as to why he may or may not be guilty. The last few months, there have been countless articles, blogs, and industry nonsense about things Glenn could have done differently, play-by-play on why he was found guilty, and even a couple conspiracy theories on his judgment. The ensuing articles and commentary that have surfaced since his final court appearance remind me of the Don Henley song, “Dirty Laundry.”

Dirty little secrets/Dirty little lies/We got our dirty little fingers in everybody’s pie

We love to cut you down to size/We love dirty laundry

Let’s give it a rest folks and let Glenn try to get on with his life and rebuild.

By no means am I suggesting we don’t give him our support and come together as financial professionals, as Frank Laise suggested in his article, You’re sick of the Neasham case: Why you should care. All I am proposing is that we turn our focus to some positive aspects of this industry, our job at hand as financial professionals, and give Glenn Neasham a much deserved break.

Today, our country is facing a retirement dilemma unlike anything it has experienced before. Only a select portion of baby boomers lucked out with a lifetime pension. The majority are now scratching their heads wondering how this thing called a 401(k) can deliver an income stream for the remainder of their life.

We have an extremely important message to get out to the public, and the last thing we need to do is spend our time tearing down or belittling one of our own fallen soldiers.